The market supply curve for any product

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Reference no: EM131002504

The market supply curve for any product:

a. always depends on the market demand for that product.

b. is a summation of individual firms’ supply curves.

c. equals the total revenue generated through sale of the commodity.

d. is affected by the prices of related products.

e. depends on the general income level of the consumers in the market.

Reference no: EM131002504

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